First Trust RiverFront Dynamic Emerging Markets ETF
RFEM
41 hedge funds and large institutions have $61.9M invested in First Trust RiverFront Dynamic Emerging Markets ETF in 2018 Q4 according to their latest regulatory filings, with 7 funds opening new positions, 12 increasing their positions, 17 reducing their positions, and 3 closing their positions.
133% more first-time investments, than exits
New positions opened: 7 | Existing positions closed: 3
10.86% more ownership
Funds ownership: 58.56% → 69.42% (+11%)
11% more funds holding
Funds holding: 37 → 41 (+4)
6% less capital invested
Capital invested by funds: $65.8M → $61.9M (-$3.9M)
29% less repeat investments, than reductions
Existing positions increased: 12 | Existing positions reduced: 17
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Jane Street
New York
|
+$14.4M |
| 2 |
AC
Avestar Capital
New York
|
+$2.6M |
| 3 |
OIA
OneDigital Investment Advisors
Overland Park,
Kansas
|
+$1.1M |
| 4 |
Baird Financial Group
Milwaukee,
Wisconsin
|
+$1.01M |
| 5 |
Susquehanna International Group
Bala Cynwyd,
Pennsylvania
|
+$1.01M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
BTS
BB&T Securities
Richmond,
Virginia
|
-$5.2M |
| 2 |
LPL Financial
San Diego,
California
|
-$2.56M |
| 3 |
RJFSA
Raymond James Financial Services Advisors
St. Petersburg,
Florida
|
-$1.89M |
| 4 |
RIG
RiverFront Investment Group
Richmond,
Virginia
|
-$1.51M |
| 5 |
PFS
Prospera Financial Services
Dallas,
Texas
|
-$1.28M |
RFEM Hedge Fund Activity: Q4 2018 in Review
41 of the 4,488 institutional investors tracked by Wall St. Rank reported a position in First Trust RiverFront Dynamic Emerging Markets ETF (RFEM) for Q4 2018, worth a combined $61.9M — down 5.9% from $65.8M a quarter earlier.
Buyers outnumbered sellers: 7 funds opened new RFEM positions and 3 closed out — a net gain of 4 holders — while 12 added to existing stakes and 17 trimmed.
The largest buyer was Jane Street, adding an estimated $14.4M. The largest seller was BB&T Securities, cutting an estimated $5.2M.
- 41 institutional investors held First Trust RiverFront Dynamic Emerging Markets ETF (RFEM) as of Q4 2018, up from 37 in Q3 2018.
- Funds reported $61.9M of First Trust RiverFront Dynamic Emerging Markets ETF stock for Q4 2018, down 5.9% quarter-over-quarter.
- 7 funds opened new First Trust RiverFront Dynamic Emerging Markets ETF positions in Q4 2018 and 3 closed out, a net change of +4 holders.
- The largest First Trust RiverFront Dynamic Emerging Markets ETF buyer in Q4 2018 was Jane Street, an estimated $14.4M added.
- The largest First Trust RiverFront Dynamic Emerging Markets ETF seller in Q4 2018 was BB&T Securities, an estimated $5.2M sold.
Based on aggregated 13F filings for Q4 2018.